Property taxes vary widely across states both in terms of annual taxes paid as well as effective tax rates. In 2017, the difference between average real estate taxes paid by New Jersey and Alabama home owners was nearly $8,000. New Jersey continued its perennial distinction as having the highest average real estate tax bill per [...]
... in Lending! Earnest Money: Once a buyer and seller come to an agreement and are in contract, the next step is to deliver earnest money to the title company. While this seems simple enough, there are numerous things that need to be avoided or they could cause issues down the road. Below are helpful [...]
Hi, my name is Jack Bosch and I am a member of AZREIA since it’s inception. We have done over 4,000 deals making millions in the process, yet we have barely ever dealt with a house. Instead we had the luck of stumbling into what we know is the best hidden real estate strategy in [...]
Question: 60 days before my tenants’ lease expires, I always send a renewal letter telling them what their options are: they can sign a new lease, they can stay on a month-to-month lease at a higher rental rate, or they can terminate their lease. Recently, I sent out one of these letters but then started [...]
In previous articles we have addressed time and again that the importance of knowing how evaluating potential investment properties is the key to success in this business. For example, knowing what a property will be worth once you’re finished with the rehab (ARV) is essential, along with knowing the cost of repairs, closing costs as [...]
It’s no secret, the days of purchasing single family homes for investment purposes has become extremely competitive and challenging for the average buyer. No doubt it’s a sellers’ market, especially in major metropolitan areas like Phoenix, Atlanta, Charlotte, Chicago, Dallas-Fort Worth, Portland and Seattle with values appreciating in the last 12 months 8% to 25%. [...]
